Templates
Audit plan template

Audit plan template

Use this plan template to structure every phase of your audit process, from scope definition to risk analysis and reporting. Its clear layou helps your team keep focused on key tasks.

Use this template with Lumiform

  • Customize this template or build your own
  • Fill out templates via mobile app
  • Get reports and analyse your data
Prices start from ░░░ per month
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Learn more
or Download template as PDF
Audit plan template

Use this plan template to structure every phase of your audit process, from scope definition to risk analysis and reporting. Its clear layou helps your team keep focused on key tasks.

Use this template with Lumiform

  • Customize this template or build your own
  • Fill out templates via mobile app
  • Get reports and analyse your data
Prices start from ░░░ per month
Book a demo
Learn more
or Download template as PDF

Our audit plan template transforms disorganized audit processes into systematic evaluations that deliver actionable insights. This comprehensive framework helps you define clear objectives, establish proper scope, and document methodologies—all essential components for audit success. According to a recent study by the Institute of Internal Auditors, organizations with structured audit plans are 42% more likely to identify significant risks before they impact operations.

When facing complex compliance requirements across multiple departments, this template provides the structure to ensure nothing falls through the cracks, while maintaining flexibility for your specific industry standards. Access it on any device and collaborate with your audit team in real-time.

Related categories

Preview of the template
Page 1
Audit Scope and Objectives
Clearly define the audit scope and objectives
Identify the audit period and any applicable regulations or standards
Determine the appropriate audit approach (e.g. financial, operational, compliance)
Audit Planning
Develop a detailed audit work plan and timeline
Identify key stakeholders and their roles
Determine resource requirements (e.g. audit team, technology, budget)
Risk Assessment
Conduct a thorough risk analysis of the audit area
Identify and prioritize high-risk areas
Develop risk mitigation strategies
Audit Procedures
Determine appropriate audit procedures (e.g. interviews, document review, data analysis)
Develop detailed audit programs for each area
Establish data requirements and sources
Audit Fieldwork
Conduct interviews with key personnel
Review relevant documentation and records
Perform data analysis and testing
Document findings and observations
Reporting and Follow-up
Prepare a comprehensive audit report
Communicate audit findings and recommendations to management
Establish a process to monitor and follow up on corrective actions

Frequently asked questions

What should a comprehensive audit plan include?

A comprehensive audit plan should include clear objectives, scope definition, risk assessment methodology, testing procedures, team assignments, timeline with milestones, and reporting requirements. Focus on creating a risk-based approach that allocates resources to high-risk areas while maintaining appropriate coverage of your control environment.

How often should I update my audit plan template?

Update your audit plan template annually at minimum, but also whenever significant changes occur in your organization, industry regulations, or risk landscape. Regular updates ensure your audit approach remains relevant and addresses emerging risks while incorporating lessons learned from previous audits.

What timeline considerations should I include in my audit plan?

Include key milestones like planning meetings, fieldwork start and end dates, draft report issuance, management response periods, and final report publication. Build in buffer time for unexpected issues, consider business cycle constraints, and account for resource availability to create realistic timelines.

This template, developed by Lumiform employees, serves as a starting point for businesses using the Lumiform platform and is intended as a hypothetical example only. It does not replace professional advice. Companies should consult qualified professionals to assess the suitability and legality of using this template in their specific workplace or jurisdiction. Lumiform is not liable for any errors or omissions in this template or for any actions taken based on its content.